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$449,000

Beds
2
Baths
2.5
sq ft
1,751

1400 Lancaster St Unit 502, Baltimore, MD 21231

1400 Lancaster St Unit 502

BALTIMORE, MD 21231

  • 58 days on market
2 bed/2.5bath condo in desirable Harbor East. Unit has custom built-ins & recessed lighting. Custom kitchen with wall oven, granite, stainless & breakfast bar. Spacious living room has windows & doors to balcony letting in great natural light.

Details

Property type

Condominium

Est. home value

$521,972

Lot size

Unknown

Price per sq ft

$257

Year built

2005

Annual property taxes

$11,019

HOA

No

Price History

11/02/2024
Bright

Bright #MDBA2138722

Listed
$449,000
+2.05%
12/07/2015
Bright

Bright #1003678829

Sold
$440,000

Schools & Community

Neighborhood: 

Fells Point

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BALTIMORE CITY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$85,782
Asking price
$449,000
Closing costs (~8% of asking)
-$35,920
Est. remaining loan balance
-$327,298
Cash to seller
$85,782

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

George Mason Mortgage Llc

Loan start date

December 2015

Original loan amount

$403,048

Est. remaining balance

$327,298

Interest rate

3.79%

Loan type

New Conventional, 30 year

Seller

Emmanuel Ayodele Oke

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/04/2024 at 3:55 PM

Listing updated: 11/02/2024 at 12:14 AM

Listed by: Jay T Kramer, Coldwell Banker Realty Phone #: (410) 823-2323

MLS: Bright #MDBA2138722

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